AGL 38.48 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 203.02 Decreased By ▼ -4.75 (-2.29%)
BOP 10.17 Increased By ▲ 0.11 (1.09%)
CNERGY 6.54 Decreased By ▼ -0.54 (-7.63%)
DCL 9.58 Decreased By ▼ -0.41 (-4.1%)
DFML 40.02 Decreased By ▼ -1.12 (-2.72%)
DGKC 98.08 Decreased By ▼ -5.38 (-5.2%)
FCCL 34.96 Decreased By ▼ -1.39 (-3.82%)
FFBL 86.43 Decreased By ▼ -5.16 (-5.63%)
FFL 13.90 Decreased By ▼ -0.70 (-4.79%)
HUBC 131.57 Decreased By ▼ -7.86 (-5.64%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 5.61 Decreased By ▼ -0.36 (-6.03%)
KOSM 7.27 Decreased By ▼ -0.59 (-7.51%)
MLCF 45.59 Decreased By ▼ -1.69 (-3.57%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.76 Decreased By ▼ -1.90 (-0.85%)
PAEL 38.48 Increased By ▲ 0.37 (0.97%)
PIBTL 8.91 Decreased By ▼ -0.36 (-3.88%)
PPL 197.88 Decreased By ▼ -7.97 (-3.87%)
PRL 39.03 Decreased By ▼ -0.82 (-2.06%)
PTC 25.47 Decreased By ▼ -1.15 (-4.32%)
SEARL 103.05 Decreased By ▼ -7.19 (-6.52%)
TELE 9.02 Decreased By ▼ -0.21 (-2.28%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.75 Decreased By ▼ -0.02 (-0.15%)
TREET 25.12 Decreased By ▼ -1.33 (-5.03%)
TRG 58.04 Decreased By ▼ -2.50 (-4.13%)
UNITY 33.67 Decreased By ▼ -0.47 (-1.38%)
WTL 1.71 Decreased By ▼ -0.17 (-9.04%)
BR100 11,890 Decreased By -408.8 (-3.32%)
BR30 37,357 Decreased By -1520.9 (-3.91%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)

PARIS: President Emmanuel Macron and Indian Prime Minister Narendra Modi on Tuesday vowed to "act jointly" in the Indo-Pacific region, as a row intensified with Australia and the US over a ditched submarine contract.

Macron's telephone talks with Modi were timed conspicuously as French anger appears undiminished after Australia pulled out of a submarine contract in favour of US submarines as part of an alliance with Washington and the UK.

US officials have said US President Joe Biden is seeking a phone call with Macron in the coming days to ease tensions but this has yet to materialise, with Macron taking the unprecedented step of recalling France's ambassadors to Australia and the United States.

The French presidency said both leaders agreed they would "act jointly in an open and inclusive Indo-Pacific area".

Macron assured Modi of France's continued "commitment to the strengthening of India's strategic autonomy, including its industry and technology base, as part of a close relationship based on trust and mutual respect".

The statement from Macron's office said France and India's shared approach would be aimed at promoting "regional stability and the rule of law, while ruling out any form of hegemony".

The new three-way strategic alliance, AUKUS, is widely seen as seeking to counter the rising power of China in the area.

Paris has in the last years sought to tighten ties with India: In 2016 the two sides signed a multi-billion dollar deal for 36 French Rafale fighter jets for New Delhi.

While the agreement is under investigation in France for kickback allegations, it is viewed as a commercial and diplomatic success for Paris.

Indian media have in recent days speculated that Australia's cancellation of the submarine deal could spark French-Indian talks about a submarines agreement of their own, possibly involving a transfer of technology.

During a September 2020 visit to New Delhi French Defence Minister Florence Parly discussed the idea that the Rafale deal could lead to sales of other weaponry, including submarines, according to a French defence ministry source.

"The Indian air force is completely satisfied with these planes, and that means were are well-placed for the future," the source said.

Possible coming arms sales, apart from the submarines, discussed in New Delhi included helicopters, ammunition and fighter jet turbines, the source said.

Comments

Comments are closed.